Caitlin Long (Avanti Financial Group) on Bitcoin banks and the Wyoming SPDI (EP. 101)
On The Brink with Castle Island
Release Date: 07/13/2020
Isha Varshney (Celo) on Stablecoin Adoption Across Markets (EP.631)
On The Brink with Castle Island
Wyatt sits down with from the to talk stablecoins. Covered in this episode: Payments in Kenya and Sub-Saharan Africa Stablecoin usage and USDT The future of non-stable tokens
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Weekly Roundup 05/30/25 (Bitcoin Access Vehicles, GME buys BTC, Pangea Fund) (EP.630)
On The Brink with Castle Island
Matt and Nic are back with another week of news and deals. In this episode: Warning signs for the Bitcoin access vehicles? Has Bitcoin lost the MoE battle? Is OCP 2.0 over? The Dept of Labor rescinds their anti-crypto 401k guidance Cantor Fitzgerald is launching a bitcoin/gold fund Is it mathematically possible to give Bitcoin upside and gold downside? Content mentioned:
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Anthony Yim (Artemis) on Stablecoin Payments from the Ground Up (EP.629)
On The Brink with Castle Island
We sit down with Anthony Yim, cofounder, to talk about the from Artemis, CIV, and Dragonfly, providing brand new estimates of stablecoin payments volume. In this episode: Why we decided to work on the new report How we obtained the estimates Why we decided to put together a bottom-up estimate Stablecoin b2b volumes compared to traditional b2b How do you measure stablecoin transactions? Download the report at
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Markus Franke and Denney Kwok (Mento Labs) on Stablecoins for FX (EP.628)
On The Brink with Castle Island
and from join the show. In this episode: Non-USD stablecoins On-chain FX Microlending and financing for emerging markets
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Weekly Roundup 05/23/25 (Genius Cloture, Sui hack, $Trump dinner) (EP.627)
On The Brink with Castle Island
Matt and Nic are back for another week of news and deals. In this episode: Trump’s crypto dinner reviewed Bitcoin access vehicles NYT stablecoin coverage Sui is hacked and censors the blockchain Kraken is launching tokenized stocks Circle in acquisition talks The GENIUS Act passes Cloture in the Senate Hong Kong passes stablecoin legislation
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Andrew MacKenzie (Agant) on British Pound Stablecoins (EP.626)
On The Brink with Castle Island
Wyatt sits down with , founder of the issuer of GBPA, a pound sterling stablecoin. In this episode: The potential emergence of non-USD stablecoins The prospect of a GBP-backed stablecoin The British crypto regulatory environment How global financial institutions are positioning around stablecoins
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Weekly Roundup 05/16/25 (GENIUS is back, Coinbase data breach, Big Tech stables) (EP.625)
On The Brink with Castle Island
Matt and Nic are back with another week of news and deals. In this episode: Why is Boston such a good sports city? Price inflation in dinosaur skeletons Cryptopunks IP is sold Machinsky is sentenced Nakamoto Holdings launches Meta wants to add stablecoins to its platforms Exchanges are honeypots for KYC data Coinbase suffers a data breach The GENIUS act is going to a vote next week GENIUS act new provisions More Movement shenanigans Thailand is launching a $150m crypto token Content mentioned in this episode: Tuongvy Le and Austin Campbell published a paper, "", which...
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Alex Cutler (Aerodrome) on DeFi’s Next Steps (EP.624)
On The Brink with Castle Island
Wyatt sits down with Alex Cutler, founder of for another episode in our stablefi series. In this episode: DEX trading advantages Building on-chain FX DeFi as a backbone
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TN (Pendle) on Stable Yield (EP.623)
On The Brink with Castle Island
Wyatt sits down with TN, cofounder of . Covered in this episode: How Pendle works The evolution from alt yield to stable yield DeFi's future core assets
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Weekly Roundup 05/09/25 (GENIUS stalls, Coinbase buys Deribit, Bessent on stables) (EP.622)
On The Brink with Castle Island
Matt and Nic are back with another week of news and deals. In this episode: We have a new Pope The etymology of ampersand The GENIUS act collapses spectacularly Coinbase consummates its acquisition of Deribit Did World Liberty Financial’s USD1 torpedo the GENIUS act? Did “pro crypto” democrats snake on the industry Scott Bessent thinks stablecoins could reach $2T The OCC says banks can provide crypto custody and execution Stripe is launching stablecoin financial accounts The SEC explores a sandbox for tokenized securities Tariff the L2s
info_outlineCaitlin Long, founder and CEO of Avanti Financial Group, joins the show. Caitlin is a thinker and writer we admire a huge amount and she has done a monumental job with her advocacy for responsible custody practices among crypto depository institutions. She is one of the key architects of the Wyoming Special Purpose Depository Institution legislation which establishes a new form of crypto bank in Wyoming. In in no small part thanks to her efforts that Wyoming is the most progressive state in terms of defining and regulating digital assets and the institutions that custody them. We share Caitlin's enthusiasm for clarifying depositor exchange relationships and for public-facing proofs of reserve, so we were very excited have her on the show. Covered in this episode:
- Risks involved in complying with the FATF's travel rule
- How the FATF enforces its recommendations
- Why compliance burdens freeze out small and community banks
- How the $10k limit for disclosure for cash transactions increases the scope of transactions that should be disclosed in real terms
- How the Bank Secrecy Act and the third party doctrine means the government can procure warrantless financial data
- Caitlin's Bitcoin origin story
- The thawing of the gold community's sentiments towards bitcoin
- The tension inherent in the institutionalization of bitcoin
- Why Proofs of Reserves aren't more popular today
- The importance of distinguishing ownership of a key and a legal title
- Why users are poorly equipped to hold exchanges accountable
- Why the state by state regulation in the US doesn't suit the reality of crypto custodians
- How the Wyoming SPDI legislation got started
- What the Wyoming SPDI laws actually mean
- How Avanti got its name
- Caitlin's long term objectives with Avanti
- Why banking remains the achilles heel of the crypto industry
- Why existing banks might not be able to handle future growth of the crypto industry
- How the FDIC targeted the crypto industry
- Why custodians should have access to the Fed window
- Caitlin's pitch to entrepreneurs to move to Wyoming